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VARVARA [1.3K]
3 years ago
13

George is a long-term exceptional performer. He has a compa-ratio of 120 and once again his performance has exceeded expectation

s. But, George only gets a raise of 3%, which is less than some of his co-workers who have less seniority and whose performance only meets expectations. George is incensed and waiting in your office. As director of HR, how will you explain this situation to George
Business
1 answer:
velikii [3]3 years ago
6 0

Answer:

Explanation:

Based on the scenario being described within the question it can be said that this situation can be best explained to George by stating that his compa-ratio shows that he is at the top of his pay range and that he is already earning above the market midpoint set in his pay grade. Therefore there is a so called "ceiling" to how much he can be paid in his current position.

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________ is based on research that estimates how much of a product will sell over a given period of time.
konstantin123 [22]

Answer:

sales forecasting

Explanation:

Sales forecasting is a mathematical tool or process to estimate the amount of sales for a product over a given period of time.

Sales forecasts helps companies to make better business decisions so as to analyse the short-term and long-term performance.

The basis for the forecast are generally the past sales data of the product, industry-wide comparisons, and the economic trends for the related products.

6 0
3 years ago
The business of renting specialized construction equipment is highly competitive. In 2010, your company, Franklin Property Group
Vanyuwa [196]

Answer:

To distinguish the purposes behind exchanging of customers to B&S , we will initially look at our shortcomings and escape clauses toward the important customers. It will give us a few nuts and bolts like estimating approaches, advantages to the customers, most grounded piece of our prompt rival, style of our service group and administrators.  

In the wake of knowing the potential reasons of clients changing to different business, I will begin improving our contributions. I will make a group of customer service officials who will cautiously contact the current just as more seasoned customers and cause them to guarantee to reorder with our business as our contributions have more favorable circumstances to them. We will offer them cost advantage, item's expanded advantages, restoration of their arrangements and necessities and entryway step conveyance and 24×7 hours services. I will give serious limits on mass request . Indeed, even , we will give them better credit offices which will pull in more customers to connect with our contributions.  

I feel that customers will again back for our goods and services . We will invite them again with improved items and administrations. I trust that the business turnover and piece of the overall industry of our association will expand step by step regarding our prompt rival.

3 0
3 years ago
Last week David spent $12,500 on advertising. This week he plans to spend twice as much. Next week he wants to spend half of wha
fiasKO [112]

Answer:   $18,750.00

Explanation:   So what you'll do is (12,500 * 2) + 12,500 / 2 = 18,750

4 0
3 years ago
One of the advantages of communicating through email rather than through letters and telephone calls is
stellarik [79]
I believe the answer is B

Hope this helps :)
6 0
3 years ago
A firm that is not economically efficient still maximizes profit if the price at which it sells its good or service is high enou
frozen [14]

Answer:

C. A firm that uses more labor and less capital than another firm cannot be technologically efficient

Explanation:

"Technological efficiency" is different from "economical efficiency."

Technological efficiency focuses on having the least amount of inputs in hitting the maximum output. Economical efficiency focuses on having the least amount of cost in hitting a maximum output.

Choice c mentioned about<em> "more labor</em>" so, this shows that it is not technologically efficient because it has more inputs. It should include only the <em>fewest number of labor</em>, since it is the concern of a technologically-efficient firm<em> (and not the cost)</em>.

This also shows that a "technologically-inefficient method" <u>can be</u> "economically-efficient."

7 0
3 years ago
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